Movement Alert|Jabil Inc Pre-Market Rise 6.24%, Q3 Earnings Beat Expectations with Full-Year Guidance Raised on AI Demand

Market Focus
Jun 17

On June 17, Jabil Inc rose 6.24% in pre-market trading, trading at $398.95/share, with turnover of $15.22 million.

On the news front, Jabil reported fiscal Q3 adjusted earnings of $3.16 per share, beating the analyst consensus estimate of $3.10 by 1.94% and representing a 23.92% increase over $2.55 per share from the same period last year. Quarterly revenue came in at $8.751 billion, surpassing the expected $8.605 billion, up from $7.83 billion a year earlier.

Driven by robust AI infrastructure and data center demand, the company raised its full-year fiscal 2026 adjusted EPS guidance from $12.25 to $12.70 and annual revenue outlook from $34 billion to $35 billion, both exceeding analyst expectations of $12.35 and $34.17 billion respectively. For fiscal Q4, Jabil guided core EPS of $3.80-$4.20 versus the $3.72 consensus, and revenue of $9.20-$10.00 billion versus analyst expectations of $8.97 billion. Multiple investment banks including Goldman Sachs, Bank of America, and UBS had previously raised their target prices ahead of the earnings release.

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